On average, listings lease in the $20's per square foot per year. The Riata Corporate Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the Greater Austin market, the Riata Corporate Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Riata Corporate Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 14,050 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1999 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Riata Corporate Park residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.